Page 109 - Auto

FAME subsidy cut: Prices up over 21%, e2W sales more than halve in June

Among the brands, Ola Electric raised prices by 38%, Ather Energy by 70%, TVS iQube by 62% and Ampere by 69%

India should target 100% electrification of 2Ws, 3Ws by 2030: Amitabh Kant

He also said India should target that 65 per cent of its state public transport should be electric by 2030

Nissan, Renault to announce restructured alliance deal in days: Report

That timeline slipped when senior Nissan executives and some directors challenged detailed provisions of deal and the benefits and protections for Nissan's intellectual property

TVS Motor partners with Indian Army to celebrate Kargil Vijay Diwas

An all-women motorcycle rally has been organised to commemorate the Kargil Vijay Diwas. As a part of this, 25 women riders will ride TVS Ronin motorcycles to Dras

US EV startup Fisker announces India debut with an SUV of 563 km range

Fisker is set to make its debut in India in September 2023. It will sell only 100 units initially, and the company will also set up a manufacturing unit in India in the upcoming years

Mahindra Thar, XUV300, Bolero selling at up to Rs 73,000 off in July 2023

Select Mahindra dealerships in India are offering high discounts on different car models from Rs 5,000 to 73,000, which includes cash discounts and other benefits

Indian Army places order for 1,850 Scorpio Classics to replace Gypsy

The new batch of Scorpio Classic SUVs being sold to the Indian Army are painted in a shade of green and come fitted with five-spoke silver alloy wheels, fog lamps, side steps, and roof rails

Maruti adds pedestrian safety alarm in EV hybrid variants of Grand Vitara

The price change in these variants of the Grand Vitara ranges up to Rs 4,000 (ex-showroom Delhi) effective from July 17, 2023

Financing remains a challenge for electric mobility in India: CII Report

"This scheme will help create an additional benefit for those commercial vehicles seeking to move towards electric vehicle adoption.

Luxury car market poised for record sales in 2023 after stellar H1 numbers

On the reasons behind the robust growth in the luxury segment, he said apart from new launches and models fueling growth, the strong economy of India is playing a key role

All-new Toyota Fortuner leaked ahead of debut in 2024, details below

Toyota's new Fortuner is expected to launch in early 2024, no official confirmation yet. According to leaked reports, the Fortuner has a sharp LED headlamp cluster with integrated LED Daytime lights

EV makers face legal action over wrongful FAME II incentive claims

An official was quoted as saying that the companies that claimed incentives wrongfully under FAME II would have to pay them back first

Auto major Ashok Leyland secures defence sector orders worth Rs 800 crore

The two vehicles, FAT 4X4 and GTV 6X6 have special capabilities that will be used by the artillery to carry light and medium guns, respectively

With 1,800 bookings per day, Exter's waiting period goes up to 12 weeks

The Exter comes with many segment-first features which include a voice-enabled sunroof, dashcam, and six airbags across all the variants

Electric two-wheeler firms cut on battery size after FAME subsidy reduced

Portfolio rejig may keep prices low for customers

Automobile exports from India dip 28% in Q1 as several mkts hit by crisis

Overall exports stood at 10,32,449 units in the first quarter ended on June 30, 2023 as compared with 14,25,967 units in the same period of last year

Bharat NCAP right step to encourage production of safe cars: Auto Cos

Auto majors Mahindra & Mahindra, Maruti Suzuki and Toyota have termed the upcoming Bharat New Car Assessment Programme (BNCAP) as a bold step in the right direction for the domestic industry

Chinese giant BYD prepares $1 bn bet to build EVs, batteries in India

The company previously said it planned to set up manufacturing in India, now the world's third-largest car market

BMW launches its updated SUV X5 with price starting at Rs 93.9 lakh

Both the engines feature a 48V electrical motor with a power output of 12 hp that aids in better efficiency and dynamics, the company said

Results preview: Price hikes, lower input costs to aid auto firms' Q1

Most auto OEMs have increased their prices in the past few months and analysts feel that higher average selling price on a YoY basis would aid margins